LCR - liquidity Coverage Ratio, PCR – Provisioning Coverage Ratio

RBI allows P2P limit upto Rs.2 Lakh

The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known
as the Exchange Rate.

Bank of Cyprus Launch World's First Biometric Payment Card

ELSS- Equity Linked Saving Scheme share ,Tax Benefit.

Kotak becomes first bank to roll out AI-run voicebot ‘KEYA’

WTO ministerial meeting in Delhi.

Bank Conclave in Delhi

LEI issued by CCIL

ECOWAS Bank for Investment and Development (EBID) headquarters in Togo, Gulf of Guinea.

SFMS- Structured Financial Messaging system - a secure messaging standard developed to serve as a
platform for intra-bank and inter-bank applications.

ULIP (Unit link insurance plan) - Insurance as well as Invesment. Tax benefit.

USSD - Unstructured Supplementary Service Data *99#

NUUP (National Unified USSD Platform) service (also known as *99# service) is based on the Unified
Payment Interface (UPI) service over USSD.

LRS – USD 2.5 lakhs limit from IND to US

ABRS - Aadhar Based Remittance Service

AEPS - Aadhar Enabled Payment System

AEBA - Aadhar enabled bank account

WPI & CPI - monthly basis

Monetary Policy – bimonthly

Interest on savings account is calculated on a daily basis, credit quarterly.

BBPCU- Bharat Bill Payment Central Unit

NERL - National E-Repository Limited

SEBI suspended UCX (Universal commodity exchange)

APY allowed for Small finance Bank, Payment Bank.

Securities Financing Transactions (SFTs) any transaction where securities are used to borrow cash, or
vice versa. Practically, this mostly includes repurchase agreements (repos), securities lending activities,
and sell/buy-back transactions.

Bullion Market- Buy & sell Gold, silver

A floating exchange rate is a type of exchange-rate regime in which a currency's value is allowed to
fluctuate in response to foreign-exchange market mechanisms. A currency that uses a floating exchange
rate is known as a floating currency.

ODI- Overseas Direct Investment opposite to FDI.

CORE – Centralized Online Real time Exchange

Deferred Net settlement (DNS) use in NEFT.

Bank money or Demand deposit

RXIL (Receivable Exchange of India Ltd) is an online electronic institutional mechanism for (TReDS)
facilitating the capitalization of trade receivables of (MSME).

SIP – systematic Investment Plan (like FD amount pay in certain time) convert into Mutual Fund.

FSDC- Financial stability and Development council

FRBM- Fiscal Responsibility and Budget management

NISM - National Institute of Security Management

SHG(10-20 people) JLG(4-10 people)

Time Demand Draft - A demand draft in which the payment is made only after the specified period.

ANBC - Adjusted Net Bank Credit = Net Bank Credit + permitted Non SLR investments.

Cash Management Bills (CMBs) are short term bills issued by central government to meet its immediate
cash needs. The bills are issued by the RBI on behalf of the government.

India's first International Financial Service Centre (IFSC) in Gandhinagar,GJ

CAC - Capital account convertibility is the ability to conduct transactions of local financial assets into
foreign financial assets freely or at country determined exchange rates.

LAF consists of repo and reverse repo operations.

Local cheque is valid only in the given city and a given branch in which drawer has an account.

Traveler cheque – No validity, for world tour

company's earning or profit which is paid out to shareholders is known as Dividend.

Prime Lending Rate- interest rate at which banks lend to favored customers who have good credit
history.
Sub Prime Lending Rate - interest rate at which banks lend to unflavored customers who have bad
credit history.

LTV- Loan To Value (Loan amount by value of loan applicant)

Shell Bank – Eg. DBS

Shell Company – Company which does not have many branches but it will show as many branches for
tax evation.

Vostro account- foreign bank open in domestic (eg America bank open account in SBI)

Nostro account- domestic bank open in foreign (eg SBI open in America bank)

FEDAI (Foreign Exchange Dealers Association of India) An association of banks specializing in the foreign
exchange activities in India. Determine commissions and charges that are attached to the interbank
foreign exchange business.

GST-5%, 12%, 18%, 28% CGST-central,SGST-state,IGST-integrated

AIIB launched first US dollar bond.

Highest NPA below Rs.2 Lac in home loan by RBI.

Masala bonds (Rupee Denominated Bond) are bonds issued outside India but denominated in Indian
Rupees, rather than the local currency.

KIOSK Banking is a facility provided by banks where customers have no need to go to the branch to
make different transactions. The branch itself comes to the customer's village/place where the customer
can make the transactions.

Sick company refer to the companies whose accumulated losses of the company to be equal to or more
than its networth.

Drawer- cheque creator, Drawee- bank, payee- who pay

Balance sheet- Asset, Liability, Stockholder’s equity

Consortium - When more than one bank is allowing credit facilities to one party in coordination with
each other under a formal arrangement, the arrangement is generally known as Consortium.

IFRS - International Financial Reporting Standards

PhonePe is now the first digital payments app to offer a sophisticated gold marketplace to its users.

CAMELS –Capital Adequacy Asset Quality Management Earnings Liquidity Sensitivity

BSR - Basic Statistical Returns

NIIF regulated by SEBI

NEER stands for - Nominal Effective Exchange Rate.

RBI gives permission for urban co-operative bank (UCBs) to convert into small finance banks
Janata Sahakari Bank forms JETPAY using UPI.

FDI limit in Public sector(20%), ARC(100%)

China's largest bank ICBC (Industrial and Commercial Bank of China) opens 1st branch in India, to invest
Rs. 10 crore.

RBI issued license for Bank of China (BoC) to open branch in IND.

Modi launched RuPay,BHIM,SBI apps in Singapore.

UK fined Canara bank for Anti- Money laundering.

Gold Monetization Scheme (GMS): Short Term (1-3yrs), Medium (5-7yrs), Long(12-15yrs) & broke period
1yr3month, 2yr4month5days

IOB MoU with NHB in Rural Housing Interest Subsidy Scheme (RHISS) scheme

EPFO interest rate reduced to 8.55% interest‘Udaymmitra’ portal in SIDBI to promote young guy in
setup MSE, digital to village.

BSE got US SEC DOSM status, fastest exchange in the world.

HDFC-Arya,EVA,IRA

ISIN - international securities identification number

Inactive account-1year

Dormant/Inoperative account-2years

Depositor Education and Awareness Fund (DEAF) - All banks are required to transfer money lying in
accounts that have been inoperative for at least 10 years to the DEAF. Introduced by RBI.

Reverse Mortgage Loan – for senior citizen, 60 age (duration-20 years)

EEFC – Exchange Earner’s Foreign currency

Fund of Fund - Put Mutual Fund money into another mutual fund.

ETF – Exchange Traded Fund – Get share from 10 company like mutual fund and make 1 share & trade
on share Market.

World's first public bond created and managed using only block chain called “Bond-i” in World Bank.

SDF- Standing Deposit Facility – RBI to absorb liquidity without any security collateral.

FERA old, FEMA new

Vulture fund - invests in companies which are performing poorly or undervalued

Junk Bond- bond rated as poor investment grade.

Muthot Fincorp train 10,000 person skill development in PMKVY

RBI increased metro house loan to Rs.35 lakh

SEBI amends company in IPO price band announce from old 5 days to 2 days.

APY crossed Rs.121 crore & 1 crore subscriber

SWIFT introduced GPI (Global payment Innovation)- real time payment tracking

BoB shut down in South Africa.

BoI shut down in Yangoon, Myanmar.

PhonePe with IndianOil for POS installation.

BRBNPL allowed to print from old 12,000 tons per annum to 16,000 tons per annum

SIDBI with Common Service Center (CSC) open 115 backward district micro enterprise promote.

PFMS(Public Financial Management System)- record Rs.71,000crore in one day

ICA(Inter Credit Agreement) – For stressed asset more than Rs.50 crore in sunil committee

DARPAN scheme – connect all Rural post office in digital online

RBI called as “Lender of the Last Resort”

CCIL settles Govt security related problem.

first meeting of the BRICS Finance Ministers and Central Bank Governors in Washington

Modi award for Manipur’s Karang – India’s first cashless island of the country

Multi-sectoral Development Programme (MsDP) name changed as Pradhan Mantri Jan Vikas Karyakram
(PMJVK)- Helping minority community.

Cabinet approves continuation of Scheme ‘Green Revolution — Krishonnati Yojana’ in Agriculture Sector
which provide crop cultivation, soil management.

RBI allowed Whatsup 1mn user for pay

NABARD Agriculture Business center in Hisar,HRY

EPFO above 10 lakh claim only online.

SBI gave 80 billion for Arun-3 hydro Nepal

CHI-Clearing House Interface

First FDI in fertilizer : Norwegian fertiliser giant Yara International acquisition of Tata Chemicals at
Babrala in Uttar Pradesh.

KKR Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India

PAN card mandatory for Rs.2.5 Lakh transaction

Mobile Customs duty from 15 to 20.

UIADI excludes Airtel from using Full e-KYC support.

RBI created Board of Management for urban co-operative banks under Gandhi as head.

World Bank Pension Trust has invested in the Gujarat Narmada Valley Fertilizers and Chemicals (GNFC)

YAMIL- Yes Bank’s new Mutual Fund business

RBI cancels Alwar, Mahila cooperative Bank.

IRDAI has constituted a 16-member committee (chairman Joseph) for the first time to monitor third
party pricing and premium rates

RBI rural lending called as ‘Service Area Approach’

RRB have to maintain CRR of 9%

IND’s first Iris based Aadhar payment at PoS by AXIS bank

TReDS -Trade Receivables Discounting System-> MSME.

Bank rate is also known as Discount Rate.

RoA-Return on Asset

Insider trading is the buying and selling of securities based on information that has not been made
available to the general public.

Round-tripping that involves a company selling "an unused asset to another company, while at the same
time agreeing to buy back the same or similar assets at about the same price.

PCA by RBI due to Low capital Adequacy.

Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term
loans for meeting short-term liquidity requirements.It is a type of short-term loan, typically taken when
the arrangement of larger financing is pending

HCE-Host card Emulation – use NFC through mobile.

Banking Regulation Act, 1949 act under which RBI grant to payments bank .

Promissory note - Unconditional Promise to pay

Bill of Exchange- Unconditional order to pay

Gilt-edged securities market is fixed interest rate.

QSAM-Query Service on AADHAAR Mapper- It facilitate user to know whether his AADHAAR number is
linked to any bank account number.

FEDERAL bank (Aluva)- to open offices in Bahrain, Kuwait and Singapore

FRDI (Financial Resolution and Deposit Insurance) failed in Parliament.

Credit Rating Agency Regulated by SEBI.

CCI- competition commission of India fines Google.

Internal Capital Adequacy Assessment Process (ICAAP)

Benchmark Interest Rate by comm bank is Minimum Lending Rate.

NACH,NFS,IMPS,USSD,UPI,BHIM,ABPS,BBPS,CTS by NPCI

Credit Linked Capital Subsidy Scheme (CLCSS) by MSME

NBFC-No Demand Deposit, cheque, DICGC insurance, Account (only have fixed deposit)

Payment Bank- No Term Deposit, cheque, credit card, Loan, NRI acc

RBI removed LoU/FLoC-Foreign Letter of Credit, LoC (Letter of Comfort)

Masala Bond Lockin period 3 years (as ELSS) (as CoD financial term 1-3 years).

Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a i
for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT.

NFRA- National Financial Reporting Authority

SME Rating Agency (SMERA) is a full service credit rating agency exclusively set up (MSME)

Market Stabilization Scheme or MSS is a tool used by the Reserve Bank of India to suck out excess
liquidity from the market through issue of securities like Treasury Bills, Dated Securities etc. on behalf of
the government.

MUDRA(SIDBI) give loan to Micro Finance Institute (MFI) & NBFC. Shishu- Upto 50K, Kishore 50k to 5lac,
Tarun 5lac – 10 lac

Basel committee on Bank Supervision (BCBS) or Bank for International Settlement (BIS)

FLCC- Financial Literacy Credit Counselling

corporate social responsibility (CSR)

A banking system under which the banks are to raise low cost funds and invest such funds in low risk
assets such as govt. securities is known as Narrow Banking.

The contract notes that are issued by Foreign Institutional Investors to their clients (not registered with
SEBI), investing in Indian stock market is known as P-note.

Reinsurance is a form of insurance purchased by insurance companies in order to mitigate risk. it

protects insurance companies from financial ruin.

Spot market(cash market) is a public financial market in which financial instruments or commodities are
traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date.

Kisan Credit Card validity 5 years.

G-secs max time limit 30 years

In Principle Approval by RBI to open bank is 18 months validity.

MFI, NBFC, LAB, UCB -> can convert into Small Finance Bank.

Nachiket Mor committee - Financial Inclusion, Payment Bank, Small finance, NBFC.

BFS- Board for Financial Supervision

SEBI discontinue sub-broker who acts on behalf of a trading member as an agent for assisting investors
in dealing with securities

A Portfolio Manager is a professional who is responsible for making investment decisions and carrying
out investment activities on behalf of individuals or institutions.

Anything alternate to traditional form of investments gets categorized as alternative investments. if the
investments are in the stocks of small and medium scale enterprises (SMEs), it gets categorized as
alternative investments.

SEBI created SCORES for online compliant.

Investor Limit in IPO is Rs.2 Lac.

Offer document(details about company) -> Vetting(SEBI analyzing within 21 days) -> DRHP(offer
document with value)

Moratorium- For loan repayment, initial holiday will give called as Moratorium.

Loan Syndication / Consortium – Multiple bank give loan to single borrower.

Tobin tax – charge in forex

RBI changed IRF for FPI limit as Rs. 5000 crore

NSE launches ‘Tri state Repo Market’ Platform for repurchase of corporate debt security. Tenure 1to14
days.

NSE launches ‘e-Gsec’ platform which will allow retail investors to invest in government securities and
hold them in existing demat accounts.

Purchasing power parity (PPP) is a theory which states that exchange rates between currencies are in
equilibrium when their purchasing power is the same in each of the two countries. Eg. Burger price

Zero coupon Bond (Deep Discount Bond) also called as Accrual Bond.

An actuary is a business professional who deals with the measurement and management of risk and
uncertainty. Eg. Insurance premium calculator

Universal banking is a system in which banks provide a wide variety of financial services, including
commercial and investment services. It combines the services of a commercial bank and an investment
bank, providing all services from within one entity, under one roof

Withdrawing money from Mutual fund called Redemption.

FPIs were allowed to invest in government Bond/Corporate Bond with a minimum maturity of 3 years.

BSE(Sensex), NSE(Nifty)
Non – Corporate Small Business Sector (NCSBS)

Standing External Advisory Committee (SEAC)

lessee pays rent, lessor receives rent

FINO- Financial Inclusion Network Operation

Bailment
Bailment describes a legal relationship in common law where physical possession of personal property is
transferred from one person to another person.

Bailor-property giver, Bailee-Property receiver

BBB
Banks Board Bureau (BBB) is an autonomous body of the Government of India, tasked to improve the
governance of Public Sector Banks, recommend selection of chiefs of government owned banks and
financial institutions and to help banks in developing strategies and capital raising plans.

Underwriting
Underwriting services are provided by banks whereby they guarantee payment in case of damage or
financial loss and accept the financial risk for liability arising from such guarantee.

Para Banking activities

are insurance business, portfolio management services, to become pension fund managers,
mutual funds business, money market mutual funds, underwriting of bonds of PSUs, investment in
venture capital funds

MERGE
1. Airtel & Indus Tower
2. Indusland Bank & Bharath Finance
3. Indusland Bank & ILFS ISSL
4. IDFC & Capital First
5. Idea & Vodafone
6. RBL bank & Swadhaar FinServe

CURRENCY SWAP
A currency swap (or a cross currency swap) is a foreign exchange derivative between two institutions to
exchange the SAME amount principal and/or interest payments of a loan in one currency for equivalent
amounts, in net present value terms, in another currency.
AWARD
National Payments Excellence Award by (NPCI) SVC Co-operative Bank
NABARD 2018 award Repco Bank (for its service to SHG)
Banco Award Bhuj Cooperative Bank (for best performing
cooperative bank)

BUDGET
1. Eklavya schools will be established for scheduled caste (SC) and schedule tribe(ST) students by
2022. areas with more than 50% tribal areas and 20,000 tribal people.
2. Revitalising Infrastructure and Systems in Education (RISE) Scheme aims to lend low-cost funds
to government higher educational institution. It will be launched with a total investment of Rs. 1
lakh crore in the next four years.
3. Kisan Credit Card was extended to fishermen and cattle owners. It will enable them to avail the
easier loans.
4. Prime Minister Fellowship Scheme It is aimed at facilitating cutting edge research by provide
high fellowship amounts to 1000 B.Tech students to pursue PhD in IITs and IISc.
5. Government has announced to set up an indigenous 5G Test Bed at IIT,Chennai
6. Govt plan to install over 5 lakh wi-fi hotspots with budget Rs.10,000 crore across gram
panchayats .
7. Affordable Housing Fund (AHF) to be established in National Housing Bank (NHB)
8. Tax exemption limit on interest income from bank savings deposits, post office, RD, Fixed
deposit schemes has been raised to Rs 50,000 from the existing Rs 10,000.
9. TB patient will get Rs.500/month with budget Rs.600crore
10. loans to women self-help groups will rise to Rs 75K crore
11. Disinvestment Rs 80,000 crore
12. Develop 10 prominent tourist sites into "iconic tourism destinations"
13. setting up 24 medical college, 18 new Schools of Planning and Architecture in IIT,NIT
14. Minimum support price (MSP) for all crops hiked to 1.5 times of production costs.

KUSUM
1. Kisan Urja Suraksha Evam Utthaan Mahaabhiyan- Solar water pumps to be installed in remote
areas for irrigation.
 2. GoI allocated Rs. 1.5 Lakh crore.

COMPANY
1. Reliance Industries (RIL) become the first Indian company to cross the Rs. 8 Trillion (lakh crore)
mark in market cap.
2. India’s most-valued lender HDFC Bank Ltd crossed Rs.5 trillion market capitalisation for the first
time, making it only the third Indian company to achieve this milestone.
3. Most valuable – HDFC, Kotak, SBI
4. Most Trusted public bank – SBI, Most Trusted private bank- ICICI
5. IIBI (Industrial investment bank of India), IFCI (Industrial finance corporation India), IDBI
(Industrial development bank of India)
6. WORLD BANK GROUP - 1.IFC (International financial corporation) 2.IDA (International
Development association) 3.IBRD (international bank for reconstruction & development)
4.MIGA(multilateral Investment Guarantee agency) 5.ISID(international settlement Investment
dispute).

RISK ANALYSIS

INDUSLAND BANK
1. IND first battery powered Payment card
2. Helps Paytm bank customer’s amount exceed Rs.1 Lac as fixed deposit.
3. Acquired IL&FS ISSL.
4. Merge with Bharath Finance.
IMPORTANT DAYS
Mar 1 - Electoral bond issue
March 2020- PMVVY extend from May,2018
Apr 1 – RBI links Base rate with MCLR for loan
Apr 2- SIDBI foundation day
Apr 30 – Last day for bank linking SWIFT code to CBS
June 4 – Finance week (theme: consumer protection)
June 27 – MSME day
June 2019 – last month for ATM OS upgrade, PAN, aadhar link (mar31,2019)
Jul 1 – GST day
Sep 1 – IPPB start, LIC day

HQ
National Institute of Bank Management, National Insurance Academy – PUNE
BRBNM- Bengaluru
RBI staff college – Chennai
ICRA- Gurugram
IDRBT, IRDA –HYD
SIDBI-Lucknow
NHB, IFCI, PFRDA, EPFO, IBBI, UIADI, CCI – Delhi
IIBI - Kolkata
FATF-Paris, SWIFT- Belgium, BIS-Bessel swizz, EBRD-London
RBI, LIC, SEBI, EXIM, IDFC, NISM, ECGC, DICGC, NIIF, IDBI, NABARD, BBB, NSDL, CDSL, IGIDR – MUM
IGIDR-Indira Gandhi Institute of Development Research.

MONEY SUPPLY
Reserve Money (M0):
It is also known as High-Powered Money, monetary base, base money etc.
M0 = Currency in Circulation + Bankers’ Deposits with RBI
Narrow Money (M1):
M1 = Currency with public + Demand deposits with the Banking system
Broad Money (M3):
M3 = M1 + Time deposits with the banking system

FPI LIMIT
For G-secs 5.5%, for corporate bond 9%

FDI LIMIT
SBRT, Infrastructure - 100% Railway, Power – 49%

Merchant Banker
Merchant banks are financial institutions. They engage in business loans as well as underwriting.

Any person, indulged in issue management business by making arrangements with respect to trade and
subscription of securities or by playing the role of manager/consultant or by providing advisory services,
is known as a merchant banker.

A merchant banker usually refers to a firm or organization involved in all aspects of issue management.
Their services include providing consultancy or advisory services to corporates for issue management,
making arrangements for buying, selling or subscribing to shares in an issue or any other consultancy or
services such as underwriting, analysis and advice related to mergers and acquisitions, arranging
offshore funding or venture capital, credit syndication and portfolio management.

EBITDA
Earnings before interest, tax, depreciation and amortization is a measure of a company's operating
performance.

Infrastructure Debt Fund (IDF)

1. IDFs are investment vehicles which can be sponsored by commercial banks and NBFCs in India
in which domestic/offshore institutional investors, specially insurance and pension funds can
invest through units and bonds issued by the IDFs.
2. IDF-MFs can be sponsored by banks and NBFC
3. IDF-NBFCs can be sponsored by banks and Infrastructure Finance companies.

PNB
1. Help IPPB for ATM
2. CLPC – ‘Centralized Loan Processing Center’
 3. With IFC, help for construct home in Rs.80 crore .
4. Help NSFDC SC below double poverty line.

ATM TRASACTION FAIL

1. if the banks fail to reimburse the customers for the amount wrongly debited for failed ATM
transactions within 7 days of the account holder’s complaint, they will have to pay a
compensation of Rs. 100 per day.
2. If the complaint is not lodged within 30 days of transaction, no compensation Rs.100.

JAN DHAN
1. Jan Dhan OD increased from Rs.5000 to Rs.10,000
2. RuPay Insurance increased from Rs.1 lac to Rs.2 Lac.
3. Jan Dhan OD facility available after 6 month of account open.
4. Jan dhan Yojana – crosses Rs. 80,000 crore
5. Jan dhan Yojana – crosses 32 crore user

Stockbroker
Investment adviser or broker) is a professional individual who executes buy and sell orders on behalf of
clients for stocks and other securities in a listed market or over the counter, usually for a fee or
commission. Stockbrokers are usually associated with a brokerage firm and handle transactions for retail
and institutional customers alike

NABARD
NABARD regulates RRB.
NABARD supervises Rural Cooperative Bank. RBI regulates Cooperative Bank.
RIDF - Rural Infrastructure Development Fund
MFDF - Micro Finance development Fund
LTIF - Long Term Irrigation Fund
GoI raised NABARD capital to Rs.30,000 crore
Launched center for climate change in Lucknow.
NABARD gave Rs.5000 crore for Micro Irrigation Fund (MIF)
With help of SECI (solar energy corp of IND), it converts its office to Solar Rooftop.
NABARD approved Rs.87 lakh street LED for Arunachal

IPPB
1. Door step Delivery
2. 650 branches, 3250 Access point, 1.5 Lakhs Post Office
3. Account can hold up to Rs 1 lakh deposit, beyond Rs.1 Lakh will convert into Post Office Saving
Account.
4. 100% Govt stake
5. Slogan- Aapka Bank
6. Opened in Sep1 by modi in delhi.
 7. No atm card, only QR card.

IBBI
It consists of 1. National Company Law Tribunal (NCLT) 2.Debt Recovery Tribunal (DRT)

OMBUDSMAN
1. Ombudsman have to give Rs.1 Lakh compensation for customer.
2. If customer did not get reply from Bank within 1 month or not satisfied with bank reply , he
can go to ombudsman.
3. If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach
the appellate authority to Deputy Governor of RBI within 1 month.
4. If loss more than Rs.20 Lakh, he can’t approach ombudsman.
STRIPS
1. Separate Trading of Registered Interest and Principal Securities.
2. Stripping is the process of separating a standard coupon-bearing bond into its individual coupon
and principal components.

TRIPS
Trade-Related Aspects of Intellectual Property Rights, TRIM-Trade-Related Investment Measures are
agreement of WTO.

ELECTORAL BOND
1. Value in multiples of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh or Rs 1 crore.
2. SBI will sell bond in Quarterly for first 10 days.
3. Citizen can buy a bond and give it to BJP party.
4. Bond validity is 15 days from purchase.
5. Bond does not contain any name. BJP will convert the bond to cash in SBI.

PAYTM
1. Introduce Automatic recurring payment.
2. Gold saving
3. Largest contributor in UPI
4. Tap to Pay NFC card
MINIMUM
Rs.100 cr -> Payment bank, small bank, RRB, white label ATM, ARC, NBFC
Rs.2 cr -> IFSC Rs.5 cr->LAB
Rs.500 cr -> commercial bank

DIGITS
MPIN-4
IIN-6
MMID / BSR-7
MICR- 9 (3 city, 3 bank, 3 branch)
SWIFT-8 or 11
IFSC-11
Aadhar/ UAN / ISIN / PRAN -12
Virtual aadhar-16
LEI – 20

NSDL
Indian Central security depositary

CIDR
Central Identities Data Repository (CIDR) is a government agency in India that stores and manages data
for the country's Aadhar project, by the Unique Identification Authority of India (UIDAI)

SHCIL
Stock Holding Corporation of India Limited (SHCIL) is the only Central Record-Keeping Agency (CRA)
authorized by Ministry of Finance, Government of India. It’s headquarter is located in Mumbai.

-Custodial Services, Depository Services, E-stamping

OFFER FOR SALE

OFS is opted by company when its financial requirements are not met by funding through IPO. In an OFS,
a promoter of the company sells their shares directly to the public on an exchange platform.

REMITTANCE (from US to IND)

Two channels for receiving inward remittances, viz. Rupee Drawing Arrangement (RDA) and Money
Transfer Service Scheme (MTSS).

Rupee Drawing Agreement Money Transfer Service scheme

Upper cap Rs.15 lac Upper cap USD 2500 (30 times per year)
No Cash payment to beneficiary Cash payment to beneficiary up to Rs.50,000
CHEQUE
Postdated cheque - cheque written with a future date Eg. Current date 10/2/2018, write 23/2/2018 on
cheque means cheque 3 months valid from 23/2/2018
Ante-dated cheque - write early (past) date in cheque Eg. Current date 10/2/2018, write 5/2/2018 in
cheque then 3 months from 5/2/2018.
Stale cheque - Expired cheque (cheque after3 months)
Bearer cheque - A bearer cheque is made payable to the bearer who presents it to the bank for
encashment.
Order cheque - An order cheque is one which is payable to a particular person.
Crossed cheque – cheque pay to bank account only. Not in cash.
Normal Value cheques: Cheques below the amount of Rs. 1 lakh are called normal value cheques.
Cheque bearing an amount higher than Rs. 1 lakh is a high value cheque.

TRANSACTION
BHIM UPI -> Rs.20k per transaction, Rs.40k per day, 20 times transaction per day
NEFT-> no limit, IMPS-> up to Rs.2 lakh, RTGS-> min Rs.2 lakh
UPI ->upper limit Rs.1 lakh
UPI 2.0 ->upper limit Rs.2 lakh

Commodity Money Representative Money Fiat Money

Gold/Silver Value Gold/Silver represent value No intrinsic value – paper only
Face value of paper always Govt only give value
Eg. Gold greater than Physical
commodity Eg. US dollar, Indian rupee

Eg. Paper with 10 kg Gold

represent value.
Buyer can transfer this paper
into 10 Kg Gold.

INVESMENT BANKER UNDERWRITER MERCHANT BANKER

He is an individual who often
works as part of a financial
institution and is primarily
concerned with raising capital
for corporations, governments
or other entities behalf.
Underwriting is the process by
which investment bankers raise
investment capital from
investors on behalf of
corporations and governments
that are issuing either equity or
debt securities.
He includes providing
consultancy or advisory services
to corporates for issue
management, making
arrangements for buying, selling
or subscribing to shares in an
issue
ICICI
1. ‘InstaOD’ facility for MSME up to Rs.15 lakh
2. ‘Social pay’ for NRI to send money to home.
3. ‘digital form’ to open current account.
4. ‘Eazypay’-IND’s first digital PoS application.
5. ‘Money2World’ for IND student to pay for AUS University.
6. Mortgage Loans Rs.1.5 trillion-first pvt bank
7. ‘Reach In Reach Out’ for loan

Capital to Risk Asset Ratio:

SBI
1. Transfer money in PoS
2. Jio payment bank 30% holder
3. Global NRI center in kochi
4. highest NPA
5. Partner with NABARD, helps 2500 JLG in WB.
6. Partner with NABARD, helps 2000 JLG in Telengana.
7. Partner with IMGC
8. Most trusted bank
9. Tez app integeration
10. ‘sbiINTOUCH’ 60 digital branch offer instant loan, MF etc in one touch.
11. Conducted ‘Kisan Mela’ to teach farmers of Indian program under PMFBY.
12. ‘MOPAD’ PoS payment
13. ‘ELA’ support

YES Bank
1. IND’s first Green future Deposit, tenure 18month 8 days
2. Invest in IND’s first social bond(1000crore) issued by IndianBulls.
3. ‘YesGST’ – OD facility for MSME upto Rs.1 crore
4. Partner with Amplus Energy for solar project
5. Aadhar based card less , pin less transact

SGB
1. SGBs are G-secs government securities denominated in grams of gold. They are substitutes for
holding physical gold. Investors have to pay the issue price in cash and the bonds will be
redeemed in cash on maturity.
2. RBI issue on behalf of GoI
3. Limit 1 gram to 4 kg Tenure 8 years
RISK
1. Market risk - refers to the risk of losses in the bank's trading book due to changes in equity
prices, interest rates, credit spreads, foreign-exchange rates, commodity prices, and other
indicators whose values are set in a public market.
2. Credit risk - is the risk of default on a debt that may arise from a borrower failing to make
required payments. Customer fail to pay EMI.
3. Operational risks is associated with failure of internal process of a bank or business organization.
4. Systemic risk is the risk of collapse of an entire financial system or entire market
5. Inflation risk - is also called purchasing power risk, the chance that the cash flows from an
investment won’t be worth as much in future because of change in purchasing power due to
inflation.
6. Probability risk -Risk is an event that may occur.

P-NOTES
Participatory Notes are instruments issued by registered foreign institutional investors (FII) to overseas
investors, who wish to invest in the Indian stock markets without registering.

NPA ASSET
Non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained
overdue for a period of 90 days for Bank/NBFC. For MSME is 180 days.

Classify NPAs further into Substandard, Doubtful and Loss assets.

Highest number of NPA in Rs.2 Lac Loan slab

SUBSTANDARD ASSET DOUBTFULL ASSET LOSS ASSET

Less than 1 year More than 1 year More than 3 year

SDR
1. Also called as ‘paper gold’, created by IMF
2. Allocated to members of country in proportion.
3. It is used by member countries for settling BoP.

IMF
1. SDR
2. World Economic outlook
3. Easy doing Business by World Bank

BSBDA Account
1. Monthly transfer < Rs.10000
2. Yearly transfer < Rs.1 lakh
 3. Balance should not < Rs.50000
4. No foreign Remittance.

AEPS
1. Works in micro ATM
2. AEPS limit is Rs.50,000 Annual limit Rs.1,00,000
3. Feature- cash deposit, cash withdrawal, cash transfer, Balance check

Step 1: Go to a micro ATM or banking correspondent

Step 2: Provide Aadhar number (linked to bank)
Step 3: Choose the type of transaction you want to make
Step 4: Provide verification through fingerprint/iris scan
Step 5: Collect your receipt

PAYMENT BANK
1. Opening of demand deposits: both current and saving.
2. Distribution of mutual funds, insurance and pension products.
3. No NRI deposits, credit cards, fixed deposit, NBFCs activities.
4. The maximum deposit allowed is Rs. 1 lakh
5. 1 year validity and extend afterwards.
6. 75% in SLR & 25% Fixed Deposit in commercial bank
7. 25% branches in rural area.

IDFC
1. IDFC & capital first merged.
2. IND’s first “UPI based digital credit card” with help of ePayLater.

R term
DRT(Debt recovery tribunal), MUDRA(Micro unit development & refinance agent) , CDR (corporate debt
restructure) & remaining reconstruction

YOJANA
1. Jan dhan Yojana – crosses Rs. 80,000 crore
2. Awas Yojana – 2022 limit
3. Pradhan Mantri Ujjwala Yojana- Govt achieves target of 5 cr free LPG connections
4. Kausalya Yojana – Rural youth employment
5. Antyoddya yojana- Help Urban Poor
6. Mission Indradanush – Vaccine child before 2 yr
7. Grama Jyothi Yojana – Rural Electrification – Done on Apr 28,2018
8. Sinchayee Yojana – Govt approved Rs.5000 crore Micro Irrigation Fund (MIF)with NABARD
9. Kaushal Vikas – Skill development for youth
10. Setu Bharatam - make all national highways free of railway crossings
 11. Unnat Bharat Abhiyan - IIT Delhi help for engaging with neighboring using technologies.

PMJDY Pradhan Mantri Jan Dhan Yojana

PMKVY Pradhan Mantri Kaushal Vikas Yojana
PMKSY Pradhan Mantri Krishi Sinchayee Yojana
PMJJBY Pradhan Mantri Jeevan Jyoti Bima Yojana
PMSBY Pradhan Mantri Suraksha Bima Yojana
DDU-GKY Deen Dayal Upadhyaya Grameen Kaushalya Yojana
DAY Deen Dayal Antyodaya Yojana
DDUGJY Deen Dayal Upadhyaya Gram Jyoti Yojana

CRORES
1crore(MSF min), 50crore(passport), 25Crore(WB Sadak WB road) 50Crore(IBRD Sadak UP road)

500crore(UB Operation Green) 1290(UB NationalBambooMission) 25000crore(SBI NHAI)

26000Crore(UB Shinchay) 3794 crore(UB MSME fund) 5000crore(MIFshinchayNABARD) 6000crore(WB
AtalBhujal) 10,000crore(RBI govt bond), 30,000crore(NABARDcap) 50,000crore(RBIsurplus)
70,000crore(WMAlimit) 71,000crore(PFMS) 75000Crore(SHG loan) 80,000crore(Jandan)
80,000crore(NABARDLongTermRefinance) 1LakhCrore(RISE) 1.5lakhCrore(KUSUM) 5.9LakhCrore(UB
Infrastructure) 15LakhCrore(UB NationalRuralLivelihoodMission)

14crore(AIIB rural MP) 21crore(WBtoMP) 37.5Crore(ADB irriga MP) 21,000crore(NABARADtoMP)

14,000crore(NABARD ridf RJ) 10,000crore(NABARD UP)

10crore(ETCD) 10crores(ICBC) 10crore(NDB RJ) 10crore(SEBI ANGELFUND) 10crore(WB mahindra)

8crore(ADB BHR) 25crore(ADB Road asm-odi)

10crore(WB TN) 20crore(WB POSHAN 315city) 37.5crore(WB JMVP) 42cror(WB farmer MH)

372crore(NABARD ridf OD) 735crore(NABARD ridf WB), 1700crore(ADBtoUTK) 1900crore(NABARD

farmer income PJB)

1 million=10 lakhs; 1 Billion=100crores

HEADLINE INFLATION CORE INFLATION

Goods&service + Food&Fuel CPI – Food&Fuel
Volatile value NonVolatile Value

Fixed Deposit Recurring Deposit

1 week to 10 year 6 month to 10 year

PM Suraksha Bhima Yojana PM Jeevan Jyoti Bhima Yojana (by LIC)

70 years 50 years
Rs.12 Rs.330
Rs.2 Lac for death, Rs.1 Lac for partial Rs.2 Lac for death
BORROW

HYPOTHECATION PLEDGE MORTGAGE LIEN

CAR LOAN GOLD HOUSE Lease

Agreement
If default happens, If default happens, If default happens, If default happens,
Lender can not sell Lender can sell the Lender can sell the Lender can not sell
the product. product. product. the product.

PREFERENTIAL SHARE ORDINARY SHARE

Dividend paid at fixed rate May vary, depend upon profit

No voting Rights Voting Rights

First settle Later only settle

Can convert into ordinary share Cannot convert into preference share

NRE (Non Resident External) NRO (Non Resident FCNR(Foreign currency non
Ordinary) resident)
NRI convert salary US dollar to NRI save rupee earned from Indian Fixed Deposit foreign
home rupee his IND house rent currency to Indian Rupee
Any account Any account Fixed deposit (1 to 5 year) (as NBFC)
(as Kisan Credit Card)
Non Taxable & Repatriable Taxable & Interest only
Repatriable

STOCK BROKER DEPOSITARY PARTICIPANT

Members of NSE and BSE
Stock brokers decide and advise their clients
which shares to buy or not to buy on the
recommendation of the investment analyst.
Registered with NSDL or CSDL
Depository participants act as a point of contact
between depository and clients, and help them
open demat accounts, dematerialize,
rematerialize shares, transfer of securities, and
settlements related to the depository.
National Pension Scheme Atal Pension Yojana PMVVY

65 age 40 age Above 60 age

At 65 age, pension start At 60 age, pension start At 70 age

Rs.1000 to Rs.5000 Rs.5000 to Rs.10000

Increased limit from

Rs.7.5 lakh to Rs.15 lakh

MALEGAM SUNIL MEHTA DEOTHALLE COMMITTEE DINESH

COMMITTEE COMMITTEE COMMITTEE
Monitor Bad NPA monitor. PCR(Public Credit Registry) Virtual
loans Examine by creating Committee currency
ARC/AMC
He is PNB CEO. PCR is an extensive database of
Also called as PROJECT credit information for India that is
SHASHANK. accessible to all stakeholders.

1. Less than 50 crores, 90

days
2. 50-500 crores , 180 days
3. Above 500 crore, Form
AMC

INFLATION DEFLATION DISINFLATION STAGFLATI HYPER REFLATION

ON INFLATION
ONION CELL It is a situation GDP ˅ Very high It is an act by govt to
Price PHONE of decrease in Economy ˅ Inflation stimulate economy by
increases Price the rate of increasing money supply
decreases inflation over Unemploym and reduce tax.
successive time ent ˄
period. Inflation ˄ SKEWFLATION-some
product inflation other
deflation
National Post Office SSY PPF Senior Citizen KVP Monthly
saving Time saving (double in 118 Income
certificate Deposit scheme(>60 months) Scheme
(POTD) yrs)
100 200 250 500 1000 1000 1500
- - 1.5 lac 1.5 lac 15 lac - 9 lac
5 yr 5 yr 21 yr 15 yr 5 yr 118 months 5 yr
(5 more)

Debenture Bond
Debenture issued by Private Bond issued by Govt
Long term (capital market) Long term (capital market)
Two types -> convertible & Non-convertible
1.Convertible- debenture can convert into
company share
2.Non-convertible- debenture cannot convert
into company share

Unsecured Secured

MSME

MICRO SMALL MEDIUM

Manufacture Credit 25 lakhs 25 lakhs - 5 crore 5 crore – 10 crore
Service credit 10 lakhs 10 lakh – 2 crore 2 crore – 5 crore
Classification 5 crore 5 crore – 75 crore 75 crore – 250 crore
COMMITTEE
Narasimman Committee Regional Rural Banks, ARC, LAF

Sivaraman Committee NABARD

Rangrajan Committee Computerization of Banking Industry, Public Sector Disinvestment

Vaghul Committee Mutual Fund, commercial paper (CP) / certificate of deposit (CD), Money Market

Usha Thorat Panel Financial Inclusion

Tarapore Committee Capital Account Convertibility

Gupta Committee Agricultural Credit Delivery, Small Savings

Mahadevan Committee Single Window System

Shah Committee NBFC

Madhav Das Urban cooperative banks

Khan No frills account